Question: note: The vertical distance between points A and B represents a tax in the market. Total surplus after the tax is (hint: don't forget to

  1. note: The vertical distance between points A and B represents a tax in the market.

    Total surplus after the tax is (hint: don't forget to count tax revenue. Under the tax, TS = CS + PS + Tax Revenue)

    A.

    $7.5
    B.

    $2.5
    C.

    $9
    D.

    $10.5

1 points

QUESTION 37

  1. Refer to the graph from the previous question. Under the tax, the deadweight loss is

    A.

    $10.5
    B.

    $7.5
    C.

    $2.5
    D.

    $9

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